Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Logistics Firm Launches App to Shorten Last-Mile Delivery
Progistics Distribution, a third-party logistics firm based in Oakland, California, has launched an app to assist businesses with last mile delivery.
July 13, 2016Import Prices Rise Less Than Expected in June
WASHINGTON — U.S. import prices rose less than expected in June as rising costs for petroleum products were offset by declining consumer and capital goods prices, suggesting inflation could remain benign for a while.
L.A. Mayor Forms Advisory Committee for Sustainable Port Growth
Los Angeles Mayor Eric Garcetti announced a new 10-member advisory committee to help the Port of Los Angeles reduce carbon emissions and produce a guide for sustainable growth.
July 12, 2016Transport Investments Acquires Jones Motor Group
Transport Investments Inc. has acquired Jones Motor Group and its four operating companies for an undisclosed amount.
July 12, 2016Daimler Expects Truck Earnings to Drop
Daimler AG rose the most in three weeks after the company solidified its lead in the luxury-car market and said it is confident of reaching this year’s underlying profit goals, despite more than 1 billion euros ($1.1 billion) in one-time costs in the second quarter.
Goodyear Introduces New Vocational Tire
Goodyear Tire & Rubber Co. on July 11 introduced the Armor Max Pro Grade MSD, a vocational tire designed for trucks working on construction sites and in coalfields.
July 12, 2016Love’s Adds Fast-Fill CNG to Site in Oklahoma City Area
Love’s Travel Stops & Country Stores has added compressed natural gas fast-fill fueling for heavy-duty trucks to its travel stop in Guthrie, Oklahoma — its 18th fast-fill location.
July 12, 2016VTNA, Mack Add Parts Cross-Reference Feature to e-Commerce Platform
Volvo Trucks North America and Mack Trucks, both units of Volvo Group, announced that they rolled out an integrated parts cross-reference feature on their e-commerce platform Select Part Store.
July 12, 2016TMS Provider 3PL Systems Integrates with MacroPoint Software
Freight tracking software provider MacroPoint announced that its product has been integrated with 3PL Systems' transportation management software for brokers.
July 12, 2016Eaton Extends Warranty on Two Manual Transmissions, Clutch
Commercial vehicle supplier Eaton Corp. has extended the warranty coverage for two of its most popular heavy-duty 13-speed and 18-speed manual transmissions and a clutch.
July 12, 2016